by Dan Gibby | Oct 20, 2019 | Past Weekly Options Letters
10/21: PNC – Over $144.70, shorting Oct. (10/25) $142/137 bull put credit spread for a limit of $55/share (closed at $.70/share). Breakout above r20/50-MA daily, weekly and monthly. Stop $141.98 10/21: HFC – Over $55.16, shorting Oct. (10/25) $54/51.5 bull...
by Dan Gibby | Oct 20, 2019 | ETF Past Letters
The markets are holding relatively well considering all of the bearish global news. The SPY and QQQ had marginal weekly gains, with the DIA marginal loss on the weakness of BA and JNJ on Friday. The federal-funds futures have raised the odds of another FOMC rate cut...
by Dan Gibby | Oct 20, 2019 | Master Trader Advisory Letter Past
Last week the markets opened lower to follow through on the prior Friday end-of-day selloff. With no price support to the left (void below) because of the gap higher Friday, it looked like prices were heading lower. Rather, the market flat-lined all day to form an...
by Dan Gibby | Oct 17, 2019 | Master Trader Advisory Letter Past
Here is our video explaining the trades recommended today during the market. We have combined this video for both advisory letters since the market overview and review of stocks of interest apply to both. [s3mm type=”video”...
by Dan Gibby | Oct 17, 2019 | Past Weekly Options Letters
Here is our video explaining the trades recommended today during the market. We have combined this video for both advisory letters since the market overview and review of stocks of interest apply to both. [s3mm type=”video”...